The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHardide Share News (HDD)

Share Price Information for Hardide (HDD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 6.75
Bid: 6.50
Ask: 7.00
Change: 0.00 (0.00%)
Spread: 0.50 (7.692%)
Open: 6.75
High: 6.75
Low: 6.75
Prev. Close: 6.75
HDD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Sanderson falls as revenue and profit down

Thu, 08th Feb 2024 10:11

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

----------

AIM - WINNERS

----------

Touchstone Exploration Inc, up 21% at 55.60 pence, 12-month range 40.20p-95.00p. The oil and gas exploration company rises, after publishing drilling results of the Cascadura-2 delineation well. The Cascadura-2 delineation well was drilled to a total depth of 7,132 feet. The Cascadura-2 well is currently being cased and production testing is scheduled to commence in the third quarter of 2024 directly into the Cascadura natural gas facility. "The encouraging Cascadura-2 delineation well drilling results represent a great start to 2024. Cascadura-2 has proved up the concept of highly productive sands extending significantly to the east of our initial Cascadura discovery. We estimate that the well was drilled for under USD6 million on a gross basis, which further enhances the economics of this prolific hydrocarbon fairway. With this new data point we can design a multi year drilling program to fully develop the structure," says Chief Executive Paul Baay.

----------

AIM - LOSERS

----------

Hardide PLC, down 23% at 7.50p, 12-month range 6.02p-16.00p. The developer and provider of advanced surface coating technology says that in the financial year ended September 30 revenue rose 10% to GBP5.5 million from GBP5.0 million. Its pretax loss narrowed to GBP1.2 million from GBP2.3 million. Looking ahead, Hardide says it expects full-year revenue to be in line with financial 2023 results. "A slower than expected start to the year with a number of OEM customers de-stocking. This has more than offset ongoing growth in aerospace demand. The cost base has been re-aligned in mitigation," it explains. Also names Stephen Paul as interim CEO, effective from February 12. He will succeed Philip Kirkham, who is stepping down after over 11 years.

----------

Sanderson Design Group PLC, down 12% at 111.00p, 12-month range 95.31p-148p. Shares in the luxury interior furnishings company fall, following its trading update for the financial year ended January 31. It says sales fell 3.1% on-year to GBP108.5 million from GBP112.0 million. Underlying profits for the financial year are expected to be about GBP12 million down from GBP12.6 million. Looking ahead, Sanderson expects trading conditions to remain challenging in the UK and Europe.

----------

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
4 Mar 2022 15:22

UK shareholder meetings calendar - next 7 days

Monday 7 March 
Crystal Amber Fund LtdGM re change of investment policy
Tuesday 8 March 
Anglesey Mining PLCGM re delisting
Caretech Holdings PLCAGM
Driver Group PLCAGM
Redx Pharma PLCAGM
Schroder European Real Estate Investment Trust PLCAGM
Shoe Zone PLCAGM
Wednesday 9 March 
MTI Wireless Edge LtdAGM
MTI Wireless Edge LtdEGM re remuneration, management services
Thursday 10 March 
Ferguson PLCGM re moving primary listing to US
Friday 11 March  
Hardide PLCAGM
Tritax EuroBox PLCGM re Roosendaal acquisition
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
1 Mar 2022 20:32

TRADING UPDATES: Hutchmed in Macau boost; UP Global success in Germany

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
7 Dec 2021 06:56

IN BRIEF: Hardide optimistic on future despite widening annual loss

IN BRIEF: Hardide optimistic on future despite widening annual loss

Read more
6 Dec 2021 12:09

Hardide positive on outlook after tougher 2021

(Sharecast News) - Surface coating technology company Hardide reported revenue of £3.6m in its preliminary results on Monday, down from £4.8m year-on-year, although its board described a "positive outlook" across the company's target sectors.

Read more
6 Dec 2021 11:21

AIM WINNERS & LOSERS: Tavistock and Fulham Shore swing to profit

AIM WINNERS & LOSERS: Tavistock and Fulham Shore swing to profit

Read more
7 Oct 2021 15:19

Hardide sees improvements across all key markets

(Sharecast News) - Surface coating technology company Hardide said in a trading update on Thursday that expected improvements across all of its key markets had come through in the closing months of its financial year.

Read more
7 Oct 2021 14:43

TRADING UPDATES: Hardide upbeat on recovery; SIMEC permit delayed

TRADING UPDATES: Hardide upbeat on recovery; SIMEC permit delayed

Read more
7 Oct 2021 10:52

AIM WINNERS & LOSERS: SIMEC Atlantis tumbles on Uskmouth project delay

AIM WINNERS & LOSERS: SIMEC Atlantis tumbles on Uskmouth project delay

Read more
9 Sep 2021 11:52

IN BRIEF: Hardide lands contract with "major" European turbine maker

IN BRIEF: Hardide lands contract with "major" European turbine maker

Read more
9 Sep 2021 10:21

AIM WINNERS & LOSERS: Uranium price lifts Aura; Hardide wins deal

AIM WINNERS & LOSERS: Uranium price lifts Aura; Hardide wins deal

Read more
6 Jul 2021 18:06

TRADING UPDATES: Caledonia hits record; Hardide gets Airbus approval

TRADING UPDATES: Caledonia hits record; Hardide gets Airbus approval

Read more
18 May 2021 11:27

Hardide interim loss widens but makes progress with aerospace clients

Hardide interim loss widens but makes progress with aerospace clients

Read more
15 Mar 2021 16:35

IN BRIEF: Hardide on solid financial footing, expects demand recovery

IN BRIEF: Hardide on solid financial footing, expects demand recovery

Read more
8 Mar 2021 16:03

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
1 Feb 2021 14:37

TRADING UPDATES: Asiamet Hits Back At Shareholder; Hardide Raises Cash

TRADING UPDATES: Asiamet Hits Back At Shareholder; Hardide Raises Cash

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.